Nothing is more frustrating than handling expired credit cards.
If you’re like me, you’re probably sick of declines. Whenever this happens, you have to reach out to the customer, play phone tag, and update the necessary payment information. This is particularly true in the home heating and fuels industry, where thousands of transactions occur each month to deliver a product directly to people’s homes.
Instead of accepting the status quo and hunting down new credit card information, why not avoid this problem in the first place?
Invest in payment processing services
At Richmond Financial Services, my team prides itself on being the nationwide leader in payment processing for the heating fuels industry. My team understands your needs and is familiar with your customer base.
As an independent treasury strategist with the best tools in the game, I have my clients’ best interests in mind. With my services, you’ll gain more data ownership and portability. If you’re looking to increase your bottom line by eliminating the hassle of expired credit cards, I can help.
Know your customer base
The best way to avoid dealing with expired credit cards is to know your customer base. You’ll want to ask yourself the following questions:
- Am I targeting the right people?
- Am I standing out from the competition?
If you’re targeting people who are more interested in your competitors, there’s likely little to no communication when it comes to payments. These people are likely to leave or not update their card information on time. This is a problem; Don’t let it happen to you.
Stop paying too much
Finally, you’ll want to consider if you’re staying up to date with industry changes. It’s also important to determine if you’re paying too much for your current payment processing services.
I can help you find solutions that are easy on your wallet and make your customer base happy. Let’s make a plan today.
Stay tuned for more content like this. For more information about what my company, Richmond Financial Services, has to offer, or to schedule a free consultation please visit my website or call (617) 843-5700. I look forward to working with you.